SaaSOptics

MARCH 22, 2022

It’s a financial practice used in businesses with revenue timelines that would otherwise be delayed. Revenue accrual is commonplace in the service industry, because these projects can take months—or years—to complete. Revenue accrual is a crucial practice in situations like these. How Do You Calculate Revenue Accrual?

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ProfitWell

JULY 8, 2020

Tax laws are complex and, for businesses operating in the United States, every state has their own set of laws that must be followed in addition to federal tax laws. These are the laws as of 2020, but you should always talk to a tax professional as the final word in sales tax & compliance issues.

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Chart Mogul

OCTOBER 27, 2017

ASC 606 and its sister standard IFRS 15 bring a set of structured guidelines for recognizing revenue -- here's what every SaaS business needs to know to meet the deadline and get compliant. Cash is not revenue. The new reporting framework applies to any situation where there is a contract for goods and services.

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Chart Mogul

DECEMBER 5, 2018

In this week's lesson, we're tackling the tricky process of converting bookings into revenue — also known as revenue recognition. Repeat after me: cash is not revenue! For a SaaS or subscription business, revenue recognition can be complex, mainly because of the service-oriented nature of the product.

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Chart Mogul

JUNE 6, 2019

With only 2 people on our Finance & Operations team, we have to be smart about how we use our resources. Finance & Operations. The Finance & Operations Team at ChartMogul. She’s been with ChartMogul for almost a year now and has helped us a lot to improve & document our reporting and other processes.

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Stax

JANUARY 23, 2024

Payroll – Companies in need of payroll will also find Xero the winner through its partnership with Gusto to give you full-service payroll integrations. Customer support – Xero’s customer service is first class. All customer service employees are also Xero employees — no outsourced support.

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